How important are Internships? Very…says a couple of Surveys

If you are still debating the value of seeking an internship this summer, here are some things you should know:

1. Thirty percent of employers would consider a college transcript useful when evaluating a recent graduate for employment. However, two-thirds of the same employers would consider a supervisor’s assessment of an internship or community-based project “very” or “fairly” useful in evaluating a candidate’s potential for success. (Source http://www.aacu.org)

2. About 35% of the full-time entry-level college hires from the class of 2007-08 came from company internship programs. In other words — companies hire their interns for full time jobs BEFORE they hire other grads. (Source http://www.naceweb.org)

3. Employers extended offers of full-time employment to an average of 67.7% of their 2007-08 college interns. More than four out of five of their offers, on average, were accepted. (Source http://www.naceweb.org)

4. Contrary to what some college students think, more than 98% of internships are paid. (Source http://www.naceweb.org)

5. The average hourly wage for interns in 2008 was $17.13. (Source http://www.naceweb.org)

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